Business
Is Altium’s (ASX:ALU) dividend growth star fading?
Rewind the clock a year, and ASX growth star Altium Limited (ASX: ALU) was the talk of the town. As one of the A’s in the exclusive WAAAX club of ASX growth shares, Altium could seemingly do no wrong. On Valentine’s Day 2020 (14 February for those less-romantically minded), Altium peaked at a share price of $41.82. That price represented a gain of more than 50% over the preceding 12 months and more than 600% since March 2016.
But it hasn’t been an easy ride for investors since. From 14 February 2020 until today, Altium shares have lost around 38% of their value. The current share price is $25.97 at the time of writing. In fact, you can buy Altium shares right now for not too dissimilar a price from where you could during the…
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